Examples of consumer debt in a Sentence
Recent Examples on the Web
However, higher rates, when consumer debt load topped $17 trillion, effectively caused household expenses to increase.
—
Phillip Molnar, San Diego Union-Tribune, 19 Apr. 2024
Fresh Mastercard data out Tuesday showed Americans spent their way through the holidays despite rising consumer debt and the lingering bite of inflation, with online spending up 6.3 percent.
—Aaron Gregg, Washington Post, 29 Dec. 2023
Wages flatlined and consumer debt soared, as credit cards became an increasingly easy way to pay for things.
—Mya Frazier, New York Times, 7 June 2023
According to the Federal Reserve, credit card delinquencies increased by 50 percent in 2023, while consumer debt grew to $17.5 trillion.
—Ron Paul, Orange County Register, 5 Mar. 2024
This mountain of consumer debt is top of mind for ResilienceVC and investors like us.
—Vikas Raj, Forbes, 29 Feb. 2024
The problem is not just over-indebtedness, but also an intentionally complex system surrounding consumer debt, where people struggle to understand their obligations.
—Vikas Raj, Forbes, 29 Feb. 2024
But the level of consumer debt has ballooned into a national crisis.
—Gabriela Sa Pessoa, Washington Post, 24 Dec. 2023
Meanwhile, credit card debt climbed to a record high in the third quarter of 2023, surging nearly 5% from the previous quarter and suggesting that some of the economic growth may have been driven by consumer debt, economists previously told ABC News.
—Max Zahn, ABC News, 14 Nov. 2023
Phillip Molnar, San Diego Union-Tribune, 19 Apr. 2024
Fresh Mastercard data out Tuesday showed Americans spent their way through the holidays despite rising consumer debt and the lingering bite of inflation, with online spending up 6.3 percent.
—Aaron Gregg, Washington Post, 29 Dec. 2023
Wages flatlined and consumer debt soared, as credit cards became an increasingly easy way to pay for things.
—Mya Frazier, New York Times, 7 June 2023
According to the Federal Reserve, credit card delinquencies increased by 50 percent in 2023, while consumer debt grew to $17.5 trillion.
—Ron Paul, Orange County Register, 5 Mar. 2024
This mountain of consumer debt is top of mind for ResilienceVC and investors like us.
—Vikas Raj, Forbes, 29 Feb. 2024
The problem is not just over-indebtedness, but also an intentionally complex system surrounding consumer debt, where people struggle to understand their obligations.
—Vikas Raj, Forbes, 29 Feb. 2024
But the level of consumer debt has ballooned into a national crisis.
—Gabriela Sa Pessoa, Washington Post, 24 Dec. 2023
Meanwhile, credit card debt climbed to a record high in the third quarter of 2023, surging nearly 5% from the previous quarter and suggesting that some of the economic growth may have been driven by consumer debt, economists previously told ABC News.
—Max Zahn, ABC News, 14 Nov. 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'consumer debt.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near consumer debt
Cite this Entry
“Consumer debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20debt. Accessed 2 May. 2024.
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